recapitalization

Example:The company’s repudiation of its debt could lead to legal battles and financial strain.

Definition:The act of refusing to fulfill an obligation, especially a financial one, such as a debt or a company’s unfulfilled promise to its creditors.

Example:The company’s retrenchment from overexpansion might be a strategic move to reduce costs.

Definition:A reduction in spending, often to improve financial health or to refocus on core business activities.

Example:The privatization of the company by the government led to significant changes in ownership and management.

Definition:The process of converting an enterprise from a state-owned or government-run entity into a privately owned or run entity, often through the sale of stock, but it can also involve the transfer of assets or operations from the government to the private sector.